Some 80% of people believe house prices will rise in the coming year, according to a new buyer sentiment survey.

The MyHome.ie study, in association with Permanent TSB, found 9% of those surveyed said they expected prices to remain static - while 13% believe they will fall.

33% of the 1,500 people said they hoped to purchase a property in the next 12 months.

Angela Keegan of MyHome.ie said the findings reflected a dramatic change in outlook.

"Last May almost two thirds of people believed prices would remain the same. Exactly a year ago 57% believed property prices were rising or stabilizing," she said.

"Now almost 80% believe they will rise. While this turnaround is partly attributable to a rise in consumer confidence, the lack of supply has also played a significant if not decisive role - especially in Dublin and other urban areas."

"We saw further evidence of the extent of price increases in the CSO figures published earlier this week, and clearly the trend of rising prices is also fuelling future expectations," she added.

While Permanent TSB said the survey found that 38% of those planning to buy in the next year would do so before the end of the year.

Over half who were looking to move were put off from doing so by the lack of suitable housing stock, while almost a third said they were unable to move because of negative equity.

Second hand homes were the preference for 72% of people, while the garden was deemed the most important feature in a home for 61% - followed by off street parking.

A good public transport network was the most important amenity people wanted near their home, closely followed by shopping areas and proximity to schools and creches.